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Japanese lawmakers considering whopping progressive casino tax

Japanese lawmakers considering whopping progressive casino tax

posted on February 21, 2018 by

Lawmakers are considering a whopping progressive tax on proposed Japanese casino/resorts that might reach 50 percent of gross gaming revenue, reports The Japan Times.

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Boyd Gaming reports fourth-quarter net income of $82.2M

Boyd Gaming reports fourth-quarter net income of $82.2M

posted on February 21, 2018 by

Las Vegas-based Boyd Gaming Corp. (BYD) reported fourth-quarter net income of $82.2 million on Tuesday. The company said it had profit of 71 cents per share. Earnings, adjusted for pretax gains, were 22 cents per share. 

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MGM Resorts ready to move towards accepting sports bets if approved

MGM Resorts ready to move towards accepting sports bets if approved

posted on February 21, 2018 by

MGM Resorts International Chairman and CEO Jim Murren has revealed his company is ready to quickly move toward accepting sports bets, should the U.S. Supreme Court legalize national sports wagering.

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Is Vegas changing 'mecca for forbidden pleasures' reputation?

Is Vegas changing 'mecca for forbidden pleasures' reputation?

posted on February 20, 2018 by

One Mann's Opinion | Las Vegas built its reputation as a “mecca for forbidden pleasures.” However, is the casino/resort industry headed in a different direction? We could soon see numerous changes right here.

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Civil suits may get more scrutiny from Nevada Gaming Control Board

Civil suits may get more scrutiny from Nevada Gaming Control Board

posted on February 20, 2018 by

The Analyst | It is always a challenge to have a conversation with current and former Nevada Gaming Control Board agents, members or commissioners about contemporary topics. Not that they are unwilling to talk, but they are unwilling to be quoted.

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New police initiative Take Back the Las Vegas Strip has begun

New police initiative Take Back the Las Vegas Strip has begun

posted on February 20, 2018 by

A new police initiative dubbed Take Back the Las Vegas Strip began Friday on the iconic portion of Las Vegas Boulevard, local law enforcement has announced. Police say the crack down on crime will help the homeless and make tourists feel more comfortable. 

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Parisian Macao attracts over 5B social media impressions since opening

Parisian Macao attracts over 5B social media impressions since opening

posted on February 20, 2018 by

In a filing late last week to the Hong Kong Stock Exchange outlining Sands China’s financial performance in 2017, Chairman and CEO Sheldon Adelson said the company’s Parisian Macao casino/resort has attracted more than five billion social media impressions.

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Aria completes $170M convention center expansion

Aria completes $170M convention center expansion

posted on February 20, 2018 by

Aria, one of MGM Resorts International’s casino/resorts in the heart of the Las Vegas Strip, has completed its $170 million conversion of a former theatre space into an expanded convention and meeting facility.

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Law to allow 'historical horseracing' clears Virginia House Appropriations Committee

Law to allow 'historical horseracing' clears Virginia House Appropriations Committee

posted on February 17, 2018 by

An effort in Virginia to revive the shuttered Colonial Downs horseracing track near Richmond has resulted in proposed legislation to allow “historical horseracing” clearing the Virginia House Appropriations Committee by a 21-1 vote on Friday.

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Caesars Ent. to begin checking guests' hotel rooms every 24 hours

Caesars Ent. to begin checking guests' hotel rooms every 24 hours

posted on February 17, 2018 by

Caesars Entertainment has revealed it will now check its guests' hotel rooms every 24 hours, even if guests have a "Do Not Disturb" sign displayed on the door.

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Foxwoods, Mohegan Sun see slot revenue decline in January

Foxwoods, Mohegan Sun see slot revenue decline in January

posted on February 17, 2018 by

The two Connecticut casino/resorts, Foxwoods and Mohegan Sun, broke out of the gate slowly in 2018 with Foxwoods posting a 2.5 decrease in slot revenue and Mohegan Sun a 5.3 percent slot revenue decrease for January.

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Rhode Island lawmakers now subject to lobbying efforts by NBA, MLB

Rhode Island lawmakers now subject to lobbying efforts by NBA, MLB

posted on February 16, 2018 by

Rhode Island lawmakers, now considering legalizing sports gambling, will now be subject to official lobbying efforts by the National Basketball Association and Major League Baseball.

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Japan considering limiting casino visits to 10 per month for locals

Japan considering limiting casino visits to 10 per month for locals

posted on February 16, 2018 by

A plan, in which Japanese nationals and foreigners living in the country would face significant restrictions on attending proposed casinos, has been floated by the government to the lawmakers of the Liberal Democratic Party, led by Prime Minister Shinzo Abe.

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South Point announces $40M upgrade plan for guest rooms

South Point announces $40M upgrade plan for guest rooms

posted on February 16, 2018 by

The South Point Hotel Casino and Spa at the “tip of the Strip” on the southern portion of Las Vegas Boulevard has announced a $40 million upgrade plan for its guest rooms.

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Foxwoods teams with PariPlay to offer online gaming, pending approval

Foxwoods teams with PariPlay to offer online gaming, pending approval

posted on February 15, 2018 by

Pariplay has announced its “eyeON” technology will provide Foxwoods Resort Casino with the ability to keep guests engaged on-property 24/7 by providing access to hundreds of digital games via a Foxwoods-branded mobile application and web portal.

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Atlantic City casino revenues down 9.9 percent in January

Atlantic City casino revenues down 9.9 percent in January

posted on February 15, 2018 by

Poor weather is being blamed for Atlantic City’s weak showing in January as gambling revenue was down by nearly 10 percent. The figures show the seven casinos won $184.3 million in January, down 9.9 percent from January 2017. 

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Pechanga Temecula to celebrate grand opening March 3

Pechanga Temecula to celebrate grand opening March 3

posted on February 15, 2018 by

The Pechanga Band of Luiseño Indians has announced that Saturday, March 3 it will officially celebrate a grand opening with a ceremony and concert to mark the completion of its $300 million expansion of its Pechanga Resort & Casino in Temecula.

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$28.5M upgrade for Fremont Street Experience to move forward

$28.5M upgrade for Fremont Street Experience to move forward

posted on February 14, 2018 by

A planned $28.5 million upgrade for the Fremont Street Experience video canopy in Downtown Las Vegas is expected to move forward with a $9.5 million contribution from The Las Vegas Convention and Visitors Authority (LVCVA).

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MGM Cotai is now open, expecting huge crowds for Lunar New Year

MGM Cotai is now open, expecting huge crowds for Lunar New Year

posted on February 14, 2018 by

MGM Cotai, the 1,390-room casino/resort just off Macau’s Cotai Strip, is now open and expecting huge crowds. The new casino/resort cost $3.4 billion with displays of large public art pieces and the latest in architectural design.

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Steve Witkoff reveals plans to reopen, rebrand dormant Fontainebleau

Steve Witkoff reveals plans to reopen, rebrand dormant Fontainebleau

posted on February 13, 2018 by

New York developer Steve Witkoff  has revealed his plan to reopen and rebrand the dormant Fontainebleau project on the Las Vegas Strip, just five months after purchasing the shuttered property.  

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CasaBlanca Katherine's Steak Seafood

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Boyd Gaming reports fourth-quarter net income of $82.2MBoyd Gaming reports fourth-quarter net…

Las Vegas-based Boyd Gaming Corp. (BYD) reported fourth-quarter net income of $82.2 million on Tuesday. The company said it had profit of 71 cents per share. Earnings, adjusted for pretax gains, were 22 cents per share. 

MGM Resorts ready to move towards accepting sports bets if approvedMGM Resorts ready to move towards…

MGM Resorts International Chairman and CEO Jim Murren has revealed his company is ready to quickly move towards accepting sports bets, should the U.S. Supreme Court legalize national sports wagering.

Cash Considerations #46: NCAA Basketball Tourney TalkCash Considerations #46: NCAA…

Cash Considerations Podcast | Big Dave and Mo talk college hoops. The boys break down the big conferences, who is in, who is out, and who has to play their way into the dance. 

With MLB training beginning Friday, we are about to catch Spring FeverWith MLB training beginning Friday, we…

Clear the Bases | Over the season, you can expect my top MLB picks and betting angles, current baseball news, and the inside scoop from our own race and sports directors on the biggest bets and who is making them.

NBA commissioner sheds light on 1 percent wagering feeNBA commissioner sheds light on 1…

Adam Silver, National Basketball Association commissioner, has shed some new light on the leagues recent revelation that it would seek one percent fee from all wagers on its games should sports betting be legalized in the U.S.

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